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32000894
31732278

5355 South Decatur Boulevard, Las Vegas, NV 89118

DM
NV NV 174174
Colliers - Las Vegas, Nevada
AM
NV 63542
Colliers - Las Vegas, Nevada
Listed by Colliers - Las Vegas, Nevada
$2,700,000
56 days on market
Updated 35 days ago

Decatur Plaza

Details
APN 163-25-710-008, 163-25-710-009
Property Type Retail
Sub Type QSR/Fast Food, Storefront (+1)
Square Footage 6,210
Units 4
Cap Rate 6.04%
NOI $163,056
Occupancy 100%
Tenancy Multi
Brand/Tenant Dominos Pizza
Year Built 1999
Year Renovated 2001
Stories 1
Acreage 0.390
Zoning Commercial General (CG)
Ground Lease No

Domino's Anchored Retail Center

Marketing description

Dominated by Domino’s | Long-Term Tenancy & Ease of Management

  • National credit anchor, Domino’s Pizza (NASDAQ: DPZ), has operated at this location for over 24 years, providing stable, long-term cash flow backed by a publicly traded, investment-grade tenant
  • Proven Tenant Longevity with a lineup of established operators with decades-long occupancy, including Smog Busters (since 2001), and Peacemakers Firearms (since 2013)
  • Internet-Resistant Uses with a mix of F&B, auto, and niche retail tenants that fulfill in-person consumer needs and drive consistent foot traffic

Strategically Located | Excellent Access & Visibility

  • Situated near the signalized intersection of S. Decatur Blvd. and Hacienda Ave. with traffic counts in excess of ±53,100 VPD
  • Located less than one mile from the Las Vegas Resort Corridor and Allegiant Stadium (72,000 seats)
  • Centrally located in proximity to the I-15 Freeway (±153,000 VPD) and CC 215 Beltway (±119,000 VPD)

Below Market Rents | Nearby Points of Interest

  • The property benefits from below market rents, providing investors upside through mark-to-market leasing
  • Nearby points of interest include:

- Otonomus Hotel (303 rooms)

- The Orleans Hotel & Casino (1,886 rooms)

- The Palms Casino Resort (766 rooms)

- Spring Valley Hospital (366 beds)

- Allegiant Stadium (72,000 seats)

Investment highlights

Decatur Plaza is 100% occupied by a stable, service-oriented tenant lineup led by Domino’s Pizza (NASDAQ: DPZ), a publicly traded national credit tenant that has operated at this location for over 26 years, since 2000. The property boasts exceptional tenant longevity, with Smog Busters in place since 2001, and Peacemakers Firearms since 2013. This proven history of long-term tenancy and organic growth reflects the strength and demand within the trade area. All tenants are internet-resistant and provide daily-needs services, positioning the asset for long-term durability. Rents are currently below market, offering investors a clear path to upside through mark-to-market leasing. The center benefits from strategic proximity to high-traffic co-tenants including Home Depot, EOS Fitness, and International Marketplace, as well as major hospitality drivers such as The Orleans (1,886 rooms), Otonomus Hotel (303 rooms), and Hilton Grand Vacation Club (148 rooms).

Listing Contacts

DM
NV NV 174174
Colliers - Las Vegas, Nevada
AM
NV 63542
Colliers - Las Vegas, Nevada
Listed by Colliers - Las Vegas, Nevada

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$163,056.00
$13,588.00/mo

Valuation Metrics

0
DSCR
6.04%
Cap Rate
6.04%
ROI

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Additional Information

Name
Deana Marcello
License
NV 174174
Brokerage
Colliers
Title
Executive Vice President
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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